407, Persia Cluster N05
Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Persia Cluster N05
What is 407 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 937 sqft
- Floor
- 4th of 4
- Parking
- nan
- Service charge
- AED 10,700 /yr
- Last sold
- AED 300K · December 2022
- Building
- Persia Cluster N05
About 407, Persia Cluster N05
407 is a one-bedroom apartment of 937 sqft on the 4th floor of Persia Cluster N05, a 4-storey tower in International City. The developer sold it on 19 December 2022 for AED 300,000, or AED 320 per sqft, 20% below the AED 402 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 16 June 2024, is AED 40,000 a year: a gross yield of 13.3% on the 2022 price, before the service charge of about AED 10,700 a year.
Sales and rents for 407 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Persia Cluster N05, and where 407 sits
All 20 1-beds →407 last sold in December 2022 at AED 320 per sqft, 20% below what one-beds in Persia Cluster N05 were fetching at the time (AED 402).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Dec 202222 December 2022 | 744 sqft | 300,000 | 403 | ||
| 19 Dec 202219 December 2022 | 744 sqft | 300,000 | 403 | ||
| 19 Dec 202219 December 2022 | 937 sqft | 300,000 | 320 | ||
| 19 Dec 202219 December 2022 | 750 sqft | 300,000 | 399 |
Persia Cluster N05
Building44 apartments, studios to 1-bed over 4 floors in International City. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- Few contracts
- Typical yield
Other units on the 4th floor
All 44 units in Persia Cluster N05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 750 sqft | AED 300KAED 300,000 · Dec 2022December 2022 | 40,000 /yr | |
| 402 | 1-bed | 751 sqft | AED 300KAED 300,000 · Dec 2022December 2022 | 28,000 /yr | |
| 403 | Studio | 476 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 23,000 /yr | |
| 404 | Studio | 476 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 16,000 /yr | |
| 405 | Studio | 477 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 31,000 /yr | |
| 406 | Studio | 476 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 23,000 /yr | |
| 408 | 1-bed | 750 sqft | AED 300KAED 300,000 · Dec 2022December 2022 | 35,000 /yr | |
| 409 | Studio | 488 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 21,000 /yr | |
| 410 | 1-bed | 750 sqft | AED 300KAED 300,000 · Dec 2022December 2022 | 33,000 /yr | |
| 412 | Studio | 487 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 16,000 /yr |
407, Persia Cluster N05 in numbers
- Sold once: by the developer on 19 December 2022 for AED 300,000, or AED 320 per sqft.
- Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 28,000 in 2021 and recovered to AED 40,000 by June 2024.
- At AED 40,000 a year the gross yield on the 2022 price is 13.3%, before a service charge of about AED 10,700 a year (AED 11.44 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 16 June 2024.
Questions about 407, Persia Cluster N05
What did unit 407 last sell for?
AED 300,000 on 19 December 2022, sold by the developer: AED 320 per sqft for 937 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 40,000 a year on the contract renewed on 16 June 2024. The previous contract, from June 2023, was AED 34,000; the unit has been rented since June 2013.
How big is unit 407?
937 sqft (87.1 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 407, Persia Cluster N05
Starts from the last sale price (AED 300K, 19 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus AED 15,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →